2. Redefine your company's vision, mission, and values.

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However, after extensive market research, I realized my target market was different from what I had assumed.

Key research found that 50% of respondents spend less than 10 minutes traveling to cycling classes, and 92% complete the trip in under 30 minutes. That means only 8% of participants are willing to travel more than 30 minutes to my studio.

This has changed my entire philosophy since the neighborhood my studio launched in has a slightly older demographic (30s-40s adults with families).

Now, I can re-establish my brand’s audience and market, knowing I will have the most luck drawing in new members who live within 30 (or ideally 10!) minutes of the studio.

Pro tip: Focus groups are a great way to discover armenia whatsapp number database (or re-discover) your target market. You may be surprised to find that your audience isn’t who you thought it was.


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What am I doing? How am I doing it? Why am I doing it?

These are the three questions I will ask myself when reevaluating my vision, mission, and values for Psyched 2 Cyc’s rebrand. These messaging foundations will likely change as my company grows.